Looking to diversify beyond RMOP? The ETFs below have the lowest correlation with RMOP — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from RMOP.
Best Diversifiers for RMOP
925 ETFs have low correlation with RMOP (below 0.3), 54 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.29, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.29 | -0.18 | -0.18 | 65 | Oil & Gas | RMOP vs DBO | |
| Invesco DB Energy Fund | -0.28 | -0.18 | -0.18 | 71 | Oil & Gas | RMOP vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.27 | -0.16 | -0.16 | 71 | Commodities | RMOP vs GSG | |
| United States Brent Oil Fund LP | -0.25 | -0.17 | -0.17 | 65 | Oil & Gas | RMOP vs BNO | |
| iShares Commodities Select Strategy ETF | -0.25 | — | — | 71 | Commodities | RMOP vs COMT |
See all 1147 diversifiers for RMOP
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